Baird Maintains Outperform on Rockwell Automation, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Richard Eastman maintains an Outperform rating on Rockwell Automation (NYSE:ROK) but lowers the price target from $304 to $280.
August 08, 2024 | 3:42 pm
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NEUTRAL IMPACT
Baird analyst Richard Eastman maintains an Outperform rating on Rockwell Automation but lowers the price target from $304 to $280.
The Outperform rating suggests continued confidence in Rockwell Automation's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100